ETH/USDT – 30M – SELL

The currency pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at 2266.09 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 2310.88 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Outside Down’ candlestick chart pattern is detected. The chart shows ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

2310.88 – 2329.82 – 2404.37 – 2266.09 – 2309.13 – 2324.19 —
2305.180000000 – 2296.910000000 —
48.137525439745 – 48.423202266727 —
– —
2310.88 – 1777336200

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –